Working at Fannie Mae | Glassdoor

Fannie Mae Overview

Washington, DC
5001 to 10000 employees
1938
Company - Public (FNMA)
Investment Banking & Asset Management
$10+ billion (USD) per year
Fannie Mae serves the people who house America. We are a leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets at all times. Our financing makes sustainable homeownership and workforce rental housing a reality for ... Read more

Mission: To provide access to reliable, affordable mortgage financing in all markets at all times. Our vision is to be America’s most valued housing partner.


Glassdoor Awards

Top CEOs: 2017 (#59)

Company Updates

  • Whether a scrum master or an analysis wizard, our 2018 interns were hard workers and players who left with great stories to tell about how they spent their summer. Read about some of their experiences in part one of our annual intern series from the Heart of Housing Blog. http://glassdoor.com/slink.htm?key=vQIrs

    Creating a Memorable Summer for Our 2018 Interns - Part 1 | Fannie Mae

    Ensuring our interns truly experience the culture and career opportunities available at Fannie Mae is important to us.

  • Our Marketing and Communications team inscribes the Fannie Mae story, sharing what it means to work at the heart of housing. Christina Caldwell, recent hire and Communications & Marketing Specialist, offers an account of her experience on the team in the latest article of the Heart of Housing Blog. Read it here: http://glassdoor.com/slink.htm?key=vQmfV!

    Finding Value at Work | Fannie Mae

    One of the initial things that drew me to Fannie Mae was its mission, including its outspoken commitment to diversity and inclusion, and to giving back.

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Fannie Mae – Why Work For Us?


Fannie Mae works at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, and buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.

Working at the heart of housing means continuously improving our company and our industry. We work tirelessly with our colleagues and our partners to ensure Fannie Mae is positioned to build a stronger, safer, more efficient housing finance system - one that continues to create housing opportunities for homebuyers and renters in all communities across the nation for generations to come. 


We view our culture as one of our most important differentiators. That means ensuring our employees find challenging and fulfilling work; continuous learning and development; and a culture committed to rewards and recognition. We are a leader in diversity and inclusion, and are driven by our vision, mission, and values.

Our Values:

  • We lead the market
  • We serve our partners
  • We get things done and done right
  • We can be counted on
  • We value our people and our communities
  • We are One Fannie Mae


Be At the Heart of Housing

What does it mean to work at Fannie Mae? What’s in it for you? At Fannie Mae, you have the opportunity to Be At the Heart of Housing. It’s the idea that our work is at the center of something important – the housing industry. It’s a big idea that can inspire us all – the work we do every day makes a difference in people’s lives.

We regard our employees as the very center of the company’s success. We value a spirit of collaboration and competitiveness to drive positive change, innovation, and creativity. We provide a rewarding and enjoyable work environment offering career opportunities today to help you build your skills for tomorrow.

Fannie Mae has one of the most diverse workforces of any financial services company in the nation. Forty-nine percent of our workers are minorities and 47 percent are women. Representing a wide range of perspectives, we are better able to serve families in today’s housing market.

Our employees have full access to 12 Employee Resource Groups, which provide a better understanding of the value of different backgrounds and lifestyles. These groups, which host events throughout the year, include Hispanic, LGBT, Christian Salt and Light, African American, INDUS (INDians in the USa), women, veteran, and people with disabilities.

Fannie Mae is committed to making a difference in the communities across America where we live and work. Volunteerism is a core value and tenet of our corporate culture. Created in 1988, our Help the Homeless program is the nation’s largest fundraising effort focused on preventing and ending homelessness. We support our employees in their volunteer efforts and coordinate volunteer activities for employees and teams. Our employees donate tens of thousands of hours of service each year to non-profits, schools, and community groups on a wide range of projects and initiatives.


Fannie Mae Reviews

3.7
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
418 Ratings
  • Featured Review

    "Financial Reporting Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Recommends
    Positive Outlook

    I worked at Fannie Mae full-time (More than 5 years)

    Pros

    A great place to work, a good team environment and great benefits! A lot of good smart people.

    Cons

    Financial reporting have tight deadlines and required long hours at quarter-end and year-end. Good-life work balance is hard to achieve.

    Advice to Management

    Keep up the good work!

See All 1,184 Reviews

Fannie Mae Photos

Fannie Mae photo of: Fannie Mae Young Professionals Employee Resource Group SERVE Event
Fannie Mae photo of: Headquarters of Fannie Mae- 3900 Wisconsin Avenue, N.W in Washington DC (Photo attributed to AgnosticPreachersKid - licensed under the CCL Attribution-ShareAlike 3.0)
Fannie Mae photo of: Fannie Mae 2017 Employee Resource Group Fair
Fannie Mae photo of: OutNext Summit 2017
Fannie Mae photo of: IT Senior Management Forum Networking Night
Fannie Mae photo of: Help the Homeless Fundraiser and Basketball Tournament
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Fannie Mae Interviews

Experience

Experience
59%
26%
15%

Getting an Interview

Getting an Interview
35%
27%
15%
13
5
3
2

Difficulty

2.8
Average

Difficulty

Hard
Average
Easy
  1. Featured Interview

     

    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied online. The process took 5 weeks. I interviewed at Fannie Mae.

    Interview

    I applied on ziprecruiter and a third party hiring company reached out to me. I had 4 interviews with the 3rd party company, an interview with the department director, and 2 more interviews with team managers.

    Throughout the process everybody was extremely kind. The process was easy and enjoyable.

    The first four interviews were about my experience and aspirations in the field. Most of the questions were your basic 'describe a time where you were innovative', 'what are you looking for in a job', etc. type questions. The interview with the director consisted of me getting a lot of information about the team/program. Most of the questions were based around seeing if my goals/experience aligns with the team's needs. I was able to ask the director a lot of questions and she was extremely kind and courteous throughout the interview/the process as a whole.
    The 2nd to last interview was a job-specific interview with a lot of technical questions pertaining to the every day activities I'd be doing.
    The last interview was an application security interview that focused on my ability to adapt/learn and my general application development/security knowledge (very few/easy development questions). The technical interviews did not seem difficult, however, I was told by the interviewers that other candidates had been stumped by a lot of the questions so make sure to stay on your toes!

    After that I got a verbal offer, followed by a written offer letter. I had to take a background check/drug test (5-panel urine) which took around 2-3 weeks to fully process.
    Once I passed those I was sent an email describing new-employee orientation and I got started!

    Interview Questions

    • Depends on which point in the process you're at   1 Answer
See All 303 Interviews

Fannie Mae Awards & Accolades

  • 50 Best Companies for Diversity, Black Enterprise, 2018
  • Best Places to Work for LGBT Equality, Human Rights Campaign, 2018
  • HousingWire Tech 100, HousingWire, 2018
  • Computerworld Premier 100 Technology Leaders, ComputerWorld, 2017
  • Best Places to Work in IT, ComputerWorld, 2018
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